Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Meal card conditions regulate employer-issued prepaid cards for food and beverage purchases under fringe benefit tax rules. Prescribed conditions govern the use of a non-transferable pre-paid electronic meal card for fringe benefit tax purposes. The card must be issued by the issuing bank under an employer scheme, bear the employer's and employee's particulars, be limited to one card per employee, and be used only by the named employee for ready-to-eat food or non-alcoholic beverages from a member establishment. Daily purchases may not exceed one hundred rupees, and transaction records must be maintained as required under the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Meal card conditions regulate employer-issued prepaid cards for food and beverage purchases under fringe benefit tax rules.
Prescribed conditions govern the use of a non-transferable pre-paid electronic meal card for fringe benefit tax purposes. The card must be issued by the issuing bank under an employer scheme, bear the employer's and employee's particulars, be limited to one card per employee, and be used only by the named employee for ready-to-eat food or non-alcoholic beverages from a member establishment. Daily purchases may not exceed one hundred rupees, and transaction records must be maintained as required under the Act.
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